monthly scans

fws

Hi, can anyone tell me what's wrong with this? I'm a noob...

[type is stock]
and [exchange is NYSE]
and [MONTHLY SMA(100,CLOSE) > MONTHLY SMA(200,CLOSE)]
and [MONTHLY SMA(50,CLOSE) > MONTHLY SMA(100,CLOSE)]

markd

You need to add the "MONTHLY" modifier to the "close" parameter inside the bracket also.

Every data item needs a modifier for time frame - the scan engine defaults to "daily", but it is customary not to show default values when the default is what is meant - a shortcut held over from the early days of computing when space was precious. Nowadays, it's just confusing.

So, do this for all you sma terms

MONTHLY SMA(100,MONTHLY CLOSE)

lmkwin

100 months is over 8 years. 200 months is over 16 years.

You probably want to shorten those numbers to reflect Months and not days.

fws

great, thanks for the help